Cycliq Group Balance Sheet Health
Financial Health criteria checks 5/6
Cycliq Group has a total shareholder equity of A$568.9K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.2M and A$1.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$943.78k |
| Equity | AU$568.86k |
| Total liabilities | AU$1.64m |
| Total assets | AU$2.21m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CYQ's short term assets (A$2.0M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: CYQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CYQ is debt free.
Reducing Debt: CYQ has no debt compared to 5 years ago when its debt to equity ratio was 42.5%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CYQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CYQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.